Brad Pitt’s Make It Right Foundation reached a $20.5 million settlement over Louisiana homes on Tuesday. The Times-Picayune’s The New Orleans Advocate reported on Wednesday that each of the program's 107 homeowners will be eligible to receive $25,000 as reimbursement for previous repairs of the shoddy homes, pending an approval by the judge.
Pitt founded the venture in 2007 with the help of award-winning architects two years after Hurricane Katrina devastated the city and essentially washed away what would become the Make It Right enclave.
Brad Pitt's Make It Right Foundation reached a settlement over Louisiana homes. (Steve Granitz/WireImage) The foundation began building the homes in 2008, eventually erecting 109 houses that provided residents the chance to return to the neighborhood they called home before the storm hit.The avant-garde dwellings were lauded as storm-safe, solar-powered, highly insulated and "green." The homes were priced at $150,000 to residents who received resettlement financing, government grants and donations from the foundation itself.
The nonprofit, however, never met its goal of constructing 150 houses. In the early stages, Pitt and his foundation was praised, but 10 years later, many residences are sharing complaints of sagging porches, mildewing wood and leaky roofs.
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